Which of These Are Common Characteristics of a Tender Offer

question 50

Multiple Choice

Which of these are common characteristics of a tender offer?
I.The offer can be cancelled if less than the desired number of shares are offered.
II.Sellers are unaware that the buyer is the issuer of the security.
III.The offers made by the sellers determine the price.
IV.The offer price is generally greater than the market price.

• A)II and III only
• B)I and IV only
• C)I,II,and IV only
• D)III and IV only
• E)II,III,and IV only

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